Goldman, Inc. is a manufacturer of lead crystal glasses. The standard direct materials quantity is 0.9 pound per glass at a cost of $0.30 per pound. The actual result for one month's production of 7,000 glasses was 1.4 pounds per glass, at a cost of $0.20 per pound. Calculate the direct materials cost variance and the direct materials efficiency variance. Select the formula, then enter the amounts and compute the cost variance for direct materials and identify whether the variance is favorable (F) or unfavorable (U). Actual Cost . Standard Cost ') x Actual Quantity = Direct Materials Cost Variance 6300 9660 ) x D .20 672 U
Answers
(1.4 x 0.20) - (0.9 x 0.30) = $0.28 unfavourable is the formula to compute the direct materials cost variance.
For the direct materials efficiency variance, divide (1.4 x 0.30) by (0.9 x 0.30) to get $0.18 unfavourable.
Both the direct materials cost and efficiency variations are unfavourable by $0.28 and $0.18, respectively.
A cost is the worth of money that has been expended in the production or delivery of a good or service and is therefore no longer accessible for use in accounting, retail, research, or accounting. In business, the cost may be one of acquisition, in which case the cost is the sum of the money used to obtain it.
In this instance, the input required to obtain the item is money. This acquisition cost might include both additional transactional expenses incurred by the acquirer over and beyond the price given to the producer, as well as the cost of production borne by the original producer.
Learn more about cost here:
brainly.com/question/14566816
#SPJ4
Related Questions
identify risks process tools and techniques include
tools that look into the past, present and future?
(True/False)
Answers
"Identify risks process tools and techniques include tools that look into the past, present, and future" This statement is true.
Risk identification is the process of identifying potential business risks and analyzing their effects on the business. Any organization that wants to identify risks uses a variety of tools and techniques, including brainstorming, the Delphi Method, interviews, root cause analysis, swot analysis, and checklist analysis that considers a variety of factors.
Based on the perceived seriousness and likelihood of its effects, qualitative risk analysis assesses or scores risks. On the other hand, quantitative risk analysis determines risk using the information that is available.
Therefore, This statement is true.
Learn more about risk, here;
https://brainly.com/question/30168545
#SPJ4
The development of a(n) _______ market changes the way goods and services are traded within the market by establishing a similar external tariff, no internal tariff, and coordinated laws to facilitate exchange among memebers.
Answers
The development of a common market changes the way goods and services are traded within the market by establishing a similar external tariff, no internal tariff, to facilitate exchange among members.
Examples of common markets include the European Union and the Common Market of the South (Mercosur) in South America.The development of a common market refers to the creation of a regional economic integration among a group of countries, where they establish a single market with common policies on trade, investments, labor, and capital movements, and adopt a unified approach to external trade, sharing the benefits of a larger market. The goal is to promote economic growth and development, reduce trade barriers, and increase competition by creating a level playing field for all participating countries.
Learn more about common market here:https://brainly.com/question/30631159
#SPJ11
GDP is defined as:
A. Gross Domestic Product
B. Sum of consumer purchases over a period of time
C. Business Investment
D. Government investment
E. all of the above
Answers
Answer:
Gross Domestic Product.
Answer:
Gross domestic product
The Government of Country Y owns and controls many businesses. "The public sector always produces goods and services more efficiently than privately owned businesses', a Government minister recently said. Other ministers disagree and want to privatize many state-owned businesses. The private sector businesses in Country Y produce 55 per cent of total output - mainly in services such as transport, tourism and finance. The secondary sector of industry produces 35 per cent of total output.
Answers
Answer:
what do i have to answer?
Explanation:
In parliamentary procedure, a meeting begins when the chair person says which of the following phrases?
a. We will now begin the meeting.
b. The meeting has been called.
C. The meeting will now come to order.
d. There shall be order and commencement.
Answers
Answer:
c
Explanation:
got it right on test
In parliamentary procedure, a meeting begins when the chairperson says The meeting will now come to order. Thus option A is correct.
What is parliamentary procedure?A parliamentary system, sometimes known as a parliamentarian system, is a method of democratic government whereby the executive branch obtains the backing of the legislative, usually a parliament, to whom it is answerable.
A really well agenda results in shorter sessions that go more smoothly. The topics that will be covered in what order should be listed on the agenda. Establish a priority list if there are multiple critical items.
Ahead-of-time preparation and the use of agendas is preferred by some boards. This was stating that there will be a commencement. Therefore, option A is the correct option.
Learn more about parliamentary procedure, Here:
https://brainly.com/question/14271770
#SPJ5
There commencement.
One way that you can create your personal brand online is to keep a
. Not only can you post your résumé here, but you can update it often with professional articles and posts for others to read. Make sure that th
that your social media accounts portray comes off professional and positive. Hiring managers use social media accounts to learn about you.
Answers
One way to establish and enhance your personal brand online is by maintaining a professional and active presence on social media platforms.
By creating a personal website or an online portfolio, you can showcase your skills, experience, and achievements to potential employers or clients. This platform allows you to regularly update your résumé with new accomplishments, certifications, or relevant projects, demonstrating your growth and expertise over time.
Additionally, your personal website or portfolio can serve as a hub for professional articles, blog posts, or case studies that highlight your industry knowledge and thought leadership. Sharing valuable insights and expertise through these mediums not only helps establish you as a credible professional in your field but also attracts a wider audience and increases your online visibility.
Moreover, it is crucial to ensure that your social media accounts align with the professional image you want to portray. Consistently posting relevant content, engaging with industry peers, and participating in meaningful discussions can help you build a strong network and establish yourself as a valuable contributor in your professional community. Furthermore, showcasing your involvement in conferences, workshops, or volunteering activities can enhance your reputation and demonstrate your commitment to continuous learning and personal development.
It's important to remember that hiring managers often use social media accounts to gain insights into a candidate's personality, values, and professionalism. Therefore, maintaining a positive and professional online presence is essential. Regularly reviewing your privacy settings, avoiding controversial or offensive content, and sharing content that reflects your expertise and interests can help create a favorable impression and enhance your chances of being considered for opportunities.
In summary, establishing a personal brand online through a professional website, active social media presence, and sharing valuable content allows you to showcase your skills, expertise, and accomplishments. By maintaining a positive and professional image, you can attract potential employers, clients, and opportunities while building a strong professional network within your industry.
For more questions on social media platforms, click on:
https://brainly.com/question/23976852
#SPJ8
ABC Credit Card company noticed that the average balance of all ABC credit card users who have missed the minimum payment last month is $3742.00 with a standard deviation of $1355.00. * = a. When the monthly statement is prepared, they charge a monthly interest of 1.8% for the current balance. Suppose that the statement balance current balance * 1.018. The average statement balance of all ABC credit card users who missed the minimum payment last month is with a standard deviation of b. Since they missed the minimum payment, all of them are subjected to pay a late fee of $35. Suppose that the new statement balance = (current balance * 1.018) +35. The average statement balance of all ABC credit card users who missed the minimum payment last month is with a standard deviation of 1.9. Determine the type of sampling used in the following study: A marketing manager wants to analyze how store employees perceive a new product they are selling. She randomly selects five stores and has all employees in those stores fill out surveys.
Answers
This approach provides insights into the perception of the new product by employees across multiple stores, while still being more efficient compared to surveying all employees from all stores.
What type of sampling was used to analyze how store employees perceive a new product?Cluster sampling is a sampling technique where the population is divided into groups or clusters, and a random sample of these clusters is selected for analysis.
In this case, the marketing manager selected five stores as clusters and then collected data from all employees within those selected stores.
The key characteristic of cluster sampling is that each cluster is treated as a representative sample of the population, and all individuals within the selected clusters are included in the study.
This method is often more practical and cost-effective when it is difficult or time-consuming to access the entire population directly.
In this study, the marketing manager used cluster sampling by randomly selecting five stores, treating them as clusters, and collecting survey responses from all employees within those selected stores.
Learn more about employees across
brainly.com/question/30043056
#SPJ11
Which post-secondary program requires minimal prerequisites?
Answers
Answer with Explanation:
It depends upon the college or university you choose. If you are choosing a foreign college or university then following are the possible minimal pre-requisites:
Age FactorAttained Marks percentage Language Speaking requirement which includes taking an English speaking, learning and writing test. Examples of approved english skills tests programs are TOEFL, IELTS, etc.Minimum Fee depositCharacter CertificateValid PassportPersonal Information Providing Field oriented report which explains why you want to opt this program.Other requirements depending upon the course, university and law that governs the territory in which the institute operates.Zaros inc has deployed six new erp modules. they are all hosted on a server on the company's premises. on which servers will the erp modules be hosted?
Answers
Zaros Inc has deployed six new ERP modules. they are all hosted on a server on the company's premises. ERP modules be hosted in ERP database server hardware.
Company aid making plans (ERP) refers day-to-day a form of software that agencies use day-to-day manipulate commercial enterprise activities which include accounting, procurement, mission management, risk management and compliance, and supply chain operations.
What's ERP and the way does it work?
ERP stands for “organization resource planning”, the consolidated method of accumulating and organizing business statistics through an included software suite. ERP software contains a collection of programs which automates enterprise features like manufacturing, income quoting, accounting, and more.
What does ERP mean in business?
A entire ERP suite additionally consists of organization overall performance management, software program that allows plan, finances, are expecting, and file on an organization's financial consequences. ERP systems tie together a large number of business processes and allow the glide of statistics between them.
Learn more about ERP here:- https://brainly.com/question/14635097
#SPJ4
a key benefit of digital marketing is that it enables businesses to offer their products and services around the world, 7 days a week, at less cost, more effectively, and with better customer service.
Answers
One of the most important benefits of digital marketing is that it is the most cost-effective way to market your business.
What exactly does marketing mean?For the purpose of generating, conveying, delivering, and trading offerings that are valuable to customers, clients, partners, and society at large, marketing refers to a variety of activities, institutions, and procedures.
The importance of marketingThe benefit of marketing to your company is that it informs consumers about your goods and services, engages them, and influences their decision to purchase. A marketing strategy, which should be a component of your business plan, can also aid with demand creation and maintenance as well as relevancy, reputation management, and competitiveness.
To know more about Marketing visit:
brainly.com/question/13414268
#SPJ4
common lit capataliasmn-Which phrase best describes the relarionship between workers and bussiness owners in capatalists cociety
Answers
Answer:
In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.
Explanation:
what are rfid tags used for
Answers
Answer:
RFID tags are a type of tracking system that uses radio frequency to search, identify, track, and communicate with items and people. Essentially, RFID tags are smart labels that can store a range of information from serial numbers, to a short description, and even pages of data.
What certificate will we get if we become a teacher?
Answers
Answer:
You can get a teaching certificate or an alternative certification, but go for the nationally-recognized board certification when you're eligible. Use the best job sites. The best job sites, for teaching jobs, are the websites of the school and school district themselves.
Read the scenario.
Based on this scenario, Raoul should
Raoul has just been promoted to a supervisor's
position, which is a steady job. He likes to enjoy life,
take vacations, and change things up every now and
then. That's why he will not have a lot of extra money to
spend on repairs and maintenance on his car.
buy a used car.
O lease a used car.
O buy a new car.
Olease a new car.
Answers
Based on this scenario, Raoul should Lease a new car. The correct option is d.
What is a lease?A lease is a contract outlining the terms under which one party agrees to rent an asset—in this case, property—owned by another party. It guarantees the lessee, also known as the tenant, use of the property and guarantees the lessor the property owner or landlord regular payments for a specified period in exchange. Both the lessee and the lessor face consequences if they fail to uphold the terms of the contract. A lease is a form of incorporeal right.
It guarantees the tenant or lessee use of the property and guarantees the property owner or landlord regular payments for a specified period in exchange. Residential leases tend to be the same for all tenants, but there are several different types of commercial leases.
Consequences for breaking leases range from mild to damaging, depending on the circumstances under which they are broken.
Learn more about lease, here:
https://brainly.com/question/29216664
#SPJ7
What government agency seeks to promote U.S. businesses interests in
foreign markets?
A. ITA
O B. IRS
O C. FTC
O D. FDA
Help asap please
Answers
Answer:
Federal Trade Commission
Explanation:
If you use a finance calculator, be specific about which one and what you entered. For example: "Future Account Balance calculator, __% APR, __ periods per year, $__ recurring deposit, $ __initial deposit, for __ years. "1. You invest $5000 in an account with an APR of 2. 5%. Calculate the final balance of the account and the amount of interest earned under the following circumstances. You invest $5000 in an account with an APR of 2. 5%. The account earns simple interest for 3 years. A. How much interest will you earn altogether? (1 pt)b. What is the final balance of the account? (0. 5 pt)You invest $5000 in an account with an APR of 2. 5%. The account is compounded quarterly for 3 years. C. What is the final balance of the account? (1 pt) d. How much interest will you earn altogether? (1 pt) 2. Nakia plans to buy a $32,000 car. She will deposit money every month for 42 months into a savings account with an APR of 3. 5% in order to reach the $32,000 goal. (1 pt) a. How much money will she need to deposit every month to meet her goal? b. How much money will she deposit altogether? (1 pt)3. Laura invested $325 per month into a retirement plan with an APR of 2. 2% for 35 years. A. How many payments will she make altogether? (0. 5 pt) b. How much will she invest altogether? (1 pt) c. What will the final balance of her retirement plan be?d. How much of the final account balance is interest? What percent of the final account balance is interest? Round to one decimal place
Answers
a. To calculate the interest earned on the account with simple interest, we can use the formula: Interest = Principal x Rate x Time.
So, the interest earned will be:
Interest = $5000 x 0.025 x 3
Interest = $375
b. The final balance of the account with simple interest will be:
Final balance = Principal + Interest
Final balance = $5000 + $375
Final balance = $5375
c. To calculate the final balance of the account with quarterly compounding, we can use the Future Value of a Present Sum formula on a financial calculator, such as the HP 10BII.
We would enter the following values:
Present Value (PV) = -$5000 (since this is an investment)
Interest Rate per Quarter (i) = 0.025/4 = 0.00625
Number of Periods (n) = 3 x 4 = 12
Using the calculator, we get:
Final balance = $5,579.69
d. To calculate the total interest earned on the account with quarterly compounding, we can subtract the initial investment from the final balance:
Total interest = Final balance - Principal
Total interest = $5,579.69 - $5000
Total interest = $579.69
To know more about interest HERE
https://brainly.com/question/25720319
#SPJ4
The balance sheet of Jaguar Bank of Indianapolis (JBI) on January 2, 2020 is given below. All numbers are in dollars. Required reserve ratio is 10% of checkable deposits. There are no mandatory reserve requirements on balances in savings and time deposits. Assets Liabilities and net worth Cash 120 Checkable deposits 500 Required reserves 50 Savings deposits 750 Excess reserves 150 Time deposits 600 T-bills 280 Loans 1400 Equity 150 Total 2000 Total 2000 The maximum Checkable deposit outflow JBI can sustain without altering its balance sheet (not selling any loans or bonds and only using primary reserves) is
Answers
JBI can sustain a maximum checkable deposit outflow of $270 without altering its balance sheet, assuming that it only uses its primary reserves to meet the withdrawal demand.
The maximum checkable deposit outflow that JBI can sustain without altering its balance sheet is determined by the required reserve ratio, which is 10% of checkable deposits. JBI currently has $500 in checkable deposits, which means it must maintain $50 in required reserves. Additionally, JBI has $120 in cash and $150 in excess reserves. Therefore, the total primary reserves that JBI has on hand is $320 ($120 in cash + $150 in excess reserves + $50 in required reserves).If all of the checkable depositors decide to withdraw their money, JBI can only sustain a maximum outflow of $270 ($320 in primary reserves - $50 in required reserves). This means that if the checkable depositors withdraw more than $270, JBI would have to either sell some of its loans or T-bills, or borrow money from other banks to meet the withdrawal demand. In conclusion, JBI can sustain a maximum checkable deposit outflow of $270 without altering its balance sheet, assuming that it only uses its primary reserves to meet the withdrawal demand.For more such question on deposit
https://brainly.com/question/1438257
#SPJ11
what form of promotion would be best used for a business selling a new range of hair shampoo? give a reason for your answer.
-advertising
-personal selling
-direct promotions
-publicity
Answers
Advertising is the form of promotion would be best used for a business selling a new range of hair shampoo.
What do you mean by business?
Business is the practise of earning a living or earning money by manufacturing, purchasing, and selling goods. If the company incurs debts, creditors may seize the owner's personal belongings. Corporate tax rates are not permitted in a firm structure.
Advertising would be the best form of promotion for a business selling a new range of hair shampoo because it would allow the business to reach a large number of potential customers at once. Additionally, advertising can be customized to target specific demographics, which would be beneficial for a business selling a new product.
Therefore, A is the correct option.
To learn more about business
https://brainly.com/question/24553900
#SPJ9
Juice wrld is the best <3
Rip juice wrld:(( 999
Answers
Answer:
Juice Wrld was an excellent artist. He spoke to many with his songs and reached those who could connect to him and his struggles through his music, personally his music is catchy and sounds good. He has a unique voice and his lyrics are relatable. he will always be in our hearts we will always remember him and his songs
You purchased 540 shares of stock at a price of $43.92 per share. Over the last year, you have received total dividend income of $630. What is the dividend yield
Answers
To calculate the dividend yield, you need to divide the total dividend income by the total cost of your investment. In this case, you purchased 540 shares of stock at a price of $43.92 per share, so the total cost of your investment is 540 * $43.92 = $23,692.80.
Now, divide the total dividend income of $630 by the total cost of your investment ($23,692.80). This will give you the dividend yield.
Dividend Yield = Total Dividend Income / Total Cost of Investment
Dividend Yield = $630 / $23,692.80
The dividend yield is approximately 0.0266, or 2.66%.
#SPJ11
Learn more about 'Dividend Yield': https://brainly.com/question/20704820
Determine whether you have enough monies to live comfortably each year for 20 years in your dream state of Oregon.
Assume you are at age 65 and have the following assets:
Pension Plan worth $375,000. You plan to take an ordinary annuity on your pension to withdraw all assets in 20 years. Assume 4. 5% interest per year. You will get monthly payments for 20 years.
Social Security - $27,600 per year for 20 years. Assume that this is the amount you will receive each year.
Savings worth $140,000. You plan to take an ordinary annuity to withdraw all assets in 20 years. Assume 4. 25% interest per year. You will get monthly payments for 20 years.
Answer the following questions:
What will be the monthly amount received individually from the pension plan, social security, and savings? What will be the monthly total? Round all 4 answers to the nearest penny.
What will be the yearly amount received individually from the pension plan, social security, and savings? What will be the yearly total? Round all 4 answers to the nearest dollar.
What will be the 20-year amounts received individually from the pension plan, social security, and savings? What will be the 20-year total amount? Round all 4 answers to the nearest dollar.
Is the total amount enough to retire comfortably in your dream state of Oregon? What are your plans to make the required savings now and/or in the future to live comfortably in your dream state? Explain
Answers
The given information is insufficient to provide specific calculations for the monthly, yearly, and 20-year amounts received individually from the pension plan, social security, and savings. However, with the provided information about the assets and their respective interest rates, it is possible to make some general observations. To determine the exact amounts, the formulas for calculating annuity payments would need to be applied.
In terms of retirement planning, it is important to consider various factors to assess whether the total amount received is enough to live comfortably in Oregon for 20 years. Factors such as living expenses, inflation, healthcare costs, and personal preferences need to be taken into account. It is recommended to create a detailed retirement budget that includes all expected expenses and compare it to the projected income from the pension plan, social security, and savings. This will help determine if the income is sufficient to cover living expenses and maintain a comfortable lifestyle.
If the total amount falls short of the desired retirement income, additional savings and investments may be necessary. Individuals can consider options such as contributing to retirement accounts (e.g., 401(k), IRA), investing in stocks or bonds, or exploring other income-generating opportunities. Working with a financial advisor can provide valuable guidance in developing a comprehensive retirement plan and making the necessary savings and investment decisions.
Ultimately, the ability to retire comfortably in Oregon depends on personal financial goals, lifestyle choices, and the level of financial security one desires. It is crucial to regularly review and adjust the retirement plan as circumstances change to ensure a comfortable and secure retirement.
To learn more about annuity payments : brainly.com/question/29753490
#SPJ11
I NEED HELP ASAP!!!!
What advice would you give to shavonne to help her solve this problem with translation?
Answers
Answer:
Do that thing with the rope where each kid holds on to a section and that way they are separated and not pushing. you could even make it fun like pretend they are a snake and serpentine.
A finance question that I need help with.
Answers
in periods of rising prices, the inventory method which results in the inventory value on the balance sheet that is closest to current cost is the
Answers
In periods of rising prices, the inventory method which results in the inventory value on the balance sheet that is closest to current cost is the FIFO method.
A period of rising prices is known as an inflationary period. In an inflationary period, the prices of goods and services increase.
There are three inventory methods:
FIFO method: The first in, first out (FIFO) method assumes that the inventories purchases first are sold first and ending inventory is made up of the goods bought last. LIFO method: The last-in, first-out (LIFO) method assumes that the latest purchased inventories are the first to be sold and ending inventory consists of goods purchased first. The average cost method: this method makes use of the weighted average cost to determine the value of goods sold and ending inventory.The balance sheet records ending inventory. In periods of rising prices, the FIFO method would result in inventory value closest to the current cost in the balance sheet.
A similar question was answered here: brainly.com/question/14938191?referrer=searchResults
As a student, you are able to earn extra money by assisting your neighbors with odd jobs. If you charged $10.25 an hour for your assistance, about how many hours would you need to work to earn $8,425? Show your work.
Answers
Answer:
822 hours
Explanation:
The charge per hour is $10.25.
To earn a total of $8,425, one need to work ? hours.
1 hr =$10.25
? hrs = $8,425
?hrs = $8,425 / $10.25
=821.951
=822 hours
g. Discuss 3 reasons why governments support business start-ups.
Answers
Answer:
Supporting them means giving the innovation economy a better chance to find solutions. Startups disrupt, transform and better old ideas and create new ones. By doing so they create new markets and opportunities which in turn create more jobs and improve people's lives.
Click this link to view O*NET's Tasks section for Actors.
Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to
O*NET, what are common tasks performed by Actors? Check all that apply.
creating artwork for use in stage sets
collaborating with other actors
working closely with directors, other actors, and playwrights to find the interpretation suited to the role
studying and rehearsing roles from scripts
learning about characters in scripts and their relationships to each other
teaching college classes and training other people how to become actors
Answers
Answer: B C D E
Explanation:
Did the assignment
To find the interpretation suited to the role, studying and rehearsing roles from scripts, learning about characters in scripts and their relationships to each other and teaching college classes and training other people how to become actors are common tasks performed by Actors. Hence, options B, C, D and E are correct.
Who is a director of a movie?The directors are the movie's creative leaders. They uphold the artistic vision throughout pre-production and final editing. They are employed by the executive producer or producer, who is ultimately in control of a production.
A film director's responsibilities include reading and editing scripts, overseeing the cast and crew, and putting the final product together. The actors and other crew members will work with you to ensure that the movie ultimately reflects the aesthetic vision for the finished result.
Thus, options B, C, D and E are correct.
For more details about director of a movie, click here:
https://brainly.com/question/12107544
#SPJ5
Suppose a lite insurance company selis a $200,000 1-year lecms iffe insurance policy to a 20yoat-old female for $230. According to the Nabional Vial Statistics Report. 58(21) the probablity that the female survives the year is 0999544 Compute and interpret the expected value of this pollcy to the insurance company The expected valje is s (Round to the nearest cent as needed) Which of the folowing interpretations of the expected valise is correct? Select the correct choice below and fir in the answer box to complete your choice (Round to the nearest cent as needed) A. The insurance company expects to make a maximum profit of 5 on every 20 -year-old fermale it insures for 1 year. B. The insurance company expects to make a profit of : on every 20-year-old female it insures for 1 month C. The irsurance company expecis to make a minimum proft of A on every 20 -year-old female it insures for 1 month D. The insurance compary empecta ta make a profit of 3 on every 20 -yeat-old female it inscires for 1 year
Answers
The expected value of this policy to the insurance company is $229.95. The correct interpretation of the expected value is "The insurance company expects to make a minimum profit of $229.95 on every 20-year-old female it insures for 1 year." Therefore, the correct option is C.
Expected value of this policy to the insurance company can be computed as follows:
Expected Value = (Probability of Survival * Amount Paid by the Policy Holder) - (Probability of Death * Amount Paid to the Policy Holder)
Probability of survival is given as 0.999544 and hence the probability of death is 1 - 0.999544 = 0.000456
Amount paid by the policyholder is given as $230 and amount paid to the policyholder in case of death is $200,000
Expected Value = (0.999544 * $230) - (0.000456 * $200,000)
Expected Value = $229.95
The expected value of this policy to the insurance company is $229.95. The correct interpretation of the expected value is "The insurance company expects to make a minimum profit of $229.95 on every 20-year-old female it insures for 1 year." Therefore, the correct option is C.
To know more about insurance company, visit:
https://brainly.com/question/28548561
#SPJ11
After which problem-solving stage should you take action? A. defining the problem B. evaluating information C. gathering information D. making a choice
Answers
Answer:
Evaluate your decision
Explanation: correct mark brainlest plz. and thanks also []L7[]
Answer:
making a choice
Explanation:
when and under which Act citizen investment trust was established ?
Answers
Citizen Investment Trust (Nagarik Lagani Kosh), a statutory institute under Citizen Investment Trust Act, 2047, has ownership of Nepal Government as a public financial organization. It was established on 18th March, 1991(4th Chaitra, 2047B. S) as an autonomous body.
Answer:
18th March, 1991
Explanation:
Hope this helps~! :)